Canada: Inflation Cools in October

Consumer price inflation cooled to 3.1% in October on a year-on-year (y/y) basis, down from 3.8% in September. That is progress, but inflation is still above the 2.8% low reached last spring, prior to the uptick in energy prices. Cooler inflation was largely due to lower prices for gasoline (-6.4% month-on-month (m/m)). Inflation at the […]

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